The RCI® Elite Rewards® World Mastercard® is specifically designed for members of the RCI vacation exchange network, offering a variety of benefits and rewards that enhance vacation experiences. This card is a perfect fit for those looking to maximize their RCI membership and earn rewards towards future vacations. Below, we delve into the card’s features, benefits, rewards structure, and the application process, providing a comprehensive guide for potential cardholders.
Key Features of the RCI® Elite Rewards® World Mastercard®
1. Reward Points on Purchases:
- 5x points for every dollar spent on RCI purchases.
- 2x points on all other eligible purchases.
2. Welcome Bonus: New cardholders can earn 2,500 bonus points after their first purchase—a quick start to accumulating rewards.
3. No Annual Fee: The RCI® Elite Rewards® World Mastercard® comes with no annual fee, making it an economical choice for vacationers.
4. Automatic Upgrade: Cardholders automatically receive an upgrade to RCI Platinum membership for one year, enhancing the vacation exchange experience with priority access, discounts, and exclusive sales.
Additional Benefits
- Redemption Options: Points can be redeemed for RCI exchange fees, airline tickets, hotel stays, car rentals, and gift cards, offering great flexibility.
- No Foreign Transaction Fees: Use your card abroad without incurring additional charges, making it ideal for international travelers.
- Zero Fraud Liability: Cardholders are not held responsible for unauthorized charges, providing peace of mind while traveling.
Earning and Redeeming Points
The RCI® Elite Rewards® World Mastercard® offers a straightforward and lucrative point system. Points earned can be used to offset various travel costs, making it easier to plan and budget for future vacations. The card’s emphasis on RCI purchases allows members to quickly accumulate points that can be redeemed through the RCI network, making each vacation more rewarding.
APR and Fees
- Annual Fee: $0
- APR: Variable APR based on creditworthiness and market rates.
Application Process
Eligibility:
- Applicants must be at least 18 years old.
- A good to excellent credit score is typically required (670 and above).
- Being an RCI member is necessary to fully benefit from the card’s features.
How to Apply:
- Visit the RCI Website: Navigate to the RCI website where you can find the credit card section and choose the RCI® Elite Rewards® World Mastercard®.
- Fill Out the Application Form: Provide necessary details such as your name, address, income, Social Security Number, and RCI membership number.
- Submit Your Application: After filling out the form, review your information for accuracy and submit your application.
- Await Approval: Approval can be immediate or may take a few days. Once approved, you will receive your card in the mail within 7-10 business days.
Maximizing Your Card
To make the most out of the RCI® Elite Rewards® World Mastercard®:
- Use the Card for All RCI Purchases: To maximize points, use your card for all RCI-related transactions.
- Pay Balances in Full: To avoid interest charges and maintain a good credit score, always pay your balance in full.
- Take Advantage of Platinum Benefits: Ensure you utilize all the benefits that come with the automatic RCI Platinum membership upgrade.
Conclusion
The RCI® Elite Rewards® World Mastercard® is an excellent choice for RCI members looking to enhance their vacation experiences while earning valuable rewards. With no annual fee, a generous point system, and an automatic upgrade to RCI Platinum membership, this card offers a lot of value. Whether you’re booking your next getaway or planning a dream vacation, the RCI® Elite Rewards® World Mastercard® can help make it more achievable and enjoyable. Remember to consider how you’ll use the card and manage your credit to get the most out of the available benefits.
